• Finally, A Decision on Telecom Build-Outs
  • May 24, 2005 | Author: Roger L. Price
  • Law Firm: Seyfarth Shaw LLP - Chicago Office
  • Five years ago the tech stock bubble burst. Among the many areas affected was the telecommunications industry. High tech telecommunications companies had real estate developers salivating with their increasing appetite for newer and larger facilities. So the developers naturally went out, acquired more land and created shells for the telecommunications tenants and their suppliers to build-out. When the collapse came, the telecommunications tenants abandoned their leases, leaving owners with premises containing improvements of questionable value and tradespeople with lien claims for unpaid labor, material and equipment.